Availment of cenvat of CVD

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vailment of cenvat of CVD<br> Query (Issue) Started By: - madhavvan Dated:- 21-4-2009 Last Reply Date:- 22-4-2009 Central Excise<br>Got 2 Replies<br>Central Excise<br>a company has taken a trading lic....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....enec under excise it stores the imported goods for trading at its premises and then sells the same to local parties is it required to clear goods on payment of excise duty can it avail cenvat of cvd i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s it required to file any returns Reply By Madhukar N Hiregange: The Reply: Yes the addtional duty of customs (CVD) as if paying SAD ( 4%) can be passed onto the cusotmers as a registered dealer. Ret....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....urns have to be filed every quarter. Reply By Rama Krishana: The Reply: In case of trading of goods, under central excise you need to register as importer / first state / second stage dealer. Which yo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....u have done. Now as a dealer, you can not pay duty of excise and take cenvat credit. You can pass on the duty to the buyer in proportion to the quantities as you have paid the cvd at the time of impor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t.<br> Discussion Forum - Knowledge Sharing ....